Quote:
Originally Posted by Unregistered
OK thanks. That is good news. I will pray hard on 5th and 6th bid.
Hopefully by that time with the expanded quota, the number of bidders does not increase so that I can get my Altis at this cheap price!
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Currently there is no backlog of un-fulfilled COEs from Jan and Feb orders from car dealers.
This is despite CNY demand and Motor-show in Jan and Feb. That why
COE dropped by 5k in last bidding.
Now with upcoming
COE supply increase by
LTA in May (in time for your 5th and 6th bidding), many car dealers are quite confident of taking orders.
Even you see more people flocking into the showroom, it is just supply meeting the demand.
In Apr 2014, only 300+ Cat A
COE is up for bidding every week. Now it is 900+ Cat A per 2 weeks.
Soon it will be 1400+ Cat A
COE per bidding, and may reach 2000+ Cat A COEs by end of this year.
It is huat huat time for car-buyers by end of 2015.